NSEAcquisition28 Sept 2026 · 28 Sept 2026, 05:15 pm
Acquisition
Sudarshan Chemical Industries Limited · SUDARSCHEM
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Sudarshan Chemical Industries Limited has informed the Exchange about the execution of a share purchase agreement for the acquisition of 15.89% of the total share capital of Sudarshan Colorants India Limited from Sudarshan Europe B.V. for an aggregate consideration of INR 150,75,62,796.
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Growth Catalyst6/10
Governance Concern2/10
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Sudarshan Chemical Industries Limited has informed the Exchange about Acquisition
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SUDARSCHEM_28092026171505_SEIntimationSPA28092026Signed.pdf
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28th September, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C - 1, Block - G,
Dalal Street, Mumbai – 400 001 Bandra Kurla Complex,
Scrip Code – 506655 Bandra (East), Mumbai – 400 051
Scrip Symbol - SUDARSCHEM
Dear Sir / Madam,
Subject: Update pursuant to disclosure dated 12th August 2026
Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“SEBI Listing Regulations, 2015”)
This is in continuation of our earlier disclosure dated 12th August 2026, wherein we had disclosed that the
Company proposes to acquire 70.26% of total shareholding of Sudarshan Colorants India Limited (formerly
Heubach Colorants India Limited), a step-down subsidiary of the Company (“Target Company”), from
Sudarshan Europe B.V., Wholly Owned Subsidiary of the Company and Sudarshan Switzerland HLD1 AG
(formerly Heubach Holding Switzerland AG and Colorants International AG) and Sudarshan Switzerland
HLD2 AG (formerly Heubach EBITO Chemiebeteiligungen AG and EBITO Chemiebeteilgungen AG),
Wholly Owned Step-Down Subsidiaries of the Company (“Proposed Transactions”).
In this regard, the Company has executed a share purchase agreement dated 28th September, 2026 with
Sudarshan Europe B.V., Wholly Owned Subsidiary of the Company for the acquisition of 36,68,036 equity
shares of face value Rs. 10.00/- each of the Target Company, constituting 15.89% of the total share capital
of the Target Company, from Sudarshan Europe B.V., for an aggregate consideration of INR 150,75,62,796
(Indian Rupees One Hundred and Fifty Crore Seventy-Five Lakh Sixty Two Thousand Seven Hundred and
Ninety Six only). Such acquisition is proposed to be consummated on or after 29th September 2026, in
accordance with applicable law.
Further updates regarding the Proposed Transactions will be reported in terms of SEBI Listing Regulations,
2015, as applicable.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For SUDARSHAN CHEMICAL INDUSTRIES LIMITED
RAJESH RATHI
CHAIRMAN AND MANAGING DIRECTOR
Sudarshan Chemical Industries Limited
Registered Office: 7th Floor, Eleven West Panchshil, Survey No 25, Near PAN Card Club Road, Baner, Pune 411 069, Maharashtra, India
T: +91 20 6828 1200 | www.sudarshan.com | shares@sudarshan.com | CIN: L24119PN1951PLC008409